BUSINESS BRIEF

Established 41 years ago, this company is into garment manufacturing and design houses. The company specializes in fabrics like cottons, viscose, polyesters, jersey, and their blends, catering to different brands with a wide product variety. Known for delivering quality products and maintaining short lead times, the company has invested heavily in systems to streamline business operations and a quality team to ensure the best products at competitive prices throughout the order lifecycle. The designs are sampled in their factories, and the entire order lifecycle is managed in-house.

  • With three factories in Northern India covering approximately 150,000 square feet, the company boasts a production capacity of up to 500,000 pieces per month, depending on styles. The facilities include around 1,200 stitching machines, a Tukatech CAD grading system, a finishing unit, a testing lab, sampling embroidery, and an ERP system for order management.
  • The company holds SA 8000:2014 107INSA Certification, Sedex Certification, and Tesco compliance by SGS, and offers various delivery modes including Ex Factory, Ex Port, CIF, and Landed. Additionally, they have a partner processing house in Europe to assist with processed deliveries.

Customers:

  • Ernstings Family
  • ASOS
  • Bel n Bo
  • Roman
  • New Look
  • Freeman's Group

Note: The Revenue is falling due to Covid and challenging market conditions in Europe.

The Company is also willing to sell the business without selling its land (buyer will pay a monthly lease rental).

Business Divisions

Business is in the process of designing and garmenting only. Raw material is sourced from 3rd party.

Products & Services

They are into ladies wear and kidswear woven segments and mix media. They do value added on embroidery and embellishment.

Proposal
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Industry

Textiles & Apparels

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Sub Industry

Garments Manufacturing

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Nature of Business

B2B

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Sector

Manufacturing (Contract Manufacturing)

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Reason for sell-off

Retirement or Personal Reasons

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Location

India

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Region

Northern

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Open For Dilution

100 % (Complete Buyout)

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Top Customer

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Deal Size

INR 150 - 200 Cr

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Justification

The goodwill, the connect with customers and suppliers for over 40 years and we had highly profitable years from 2015-2021. Also includes prime real estate over 6000 sq mtrs in Hosiery Complex Noida, with 1.5 lac sq ft valued @ 100-120 cr.

Business Operation Information
Financial Information
2024 (in INR Cr) 2023 (in INR Cr) 2022 (in INR Cr)
Sales
73 101 128
EBITDA
PAT
Business Documents